Property Description:
Presented by: HOMESMART FIRST ADVANTAGE REALTY
Call AIR Homes @856-334-0129
Investor Alert! This property is located in Whitman park section of camden. It features 1300 sq ft of living space with 9 plus feet ceiling. This property has tons of potentials for rehabber or investors looking for cash flowing property. The property is in need of rehab. The property is close to school around the corner and public bus transportation to downtown. Seller financing is available for qualified investors!
This property is being sold in it’s “AS-IS” condition. The seller will not make any repairs to the subject property and all inspections, certifications, CO’s and CCO’s needed prior to the sale of this property will be the buyers responsibility of the buyer at his or her sole cost.
ASKING PRICE: 21,000
REHAB ESTIMATE: $25,000
HOLDING COST 120 DAY : $1,000
TOTAL INVESTMENT : $47,000
ARV: $60,000
PROFIT POTENTIAL : $13,000
RENT ROLL : $12,000
EXPENSES : $3,000
ROI : 27%
CAP RATE : 19%